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OAK STREET HEALTH: Agrees to Pay $60M to Resolve Alleged False Claims Act Liability for Paying Kickbacks to Insurance Agents in Medicare Advantage Patient Recruitment Scheme

May 16, 2025

By Staff Reporters *** *** Oak Street Health, headquartered in Chicago and a wholly-owned subsidiary of CVS Health since 2023, has agreed to pay $60 million to resolve allegations that it violated the False Claims Act by paying kickbacks to third-party insurance agents in exchange for recruiting seniors to Oak Street Health’s primary care clinics. […]

Bodily injury claims surge in Louisiana, fueling insurance reform fight

May 16, 2025

(The Center Square) — Louisiana drivers are filing bodily injury auto claims at more than double the national rate, driving up insured losses and keeping car insurance premiums among the highest in the country.

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Expands to Indonesia with AI Insurance Platform Through Mach Wireless Deal

May 16, 2025

FingerMotion (NASDAQ: FNGR), has entered the Indonesian market via its subsidiary, Finger Motion Financial Company Limited, by signing an agreement with PT Mach Wireless Teknologi to deploy its AI-driven insurance risk rating platform. Tailored for local underwriting in motor, health, and life insurance, the platform will integrate with Indonesia’s telco-insurance ecosystem. The…

Medicaid funding threatened in NY by GOP plan to penalize states offering coverage to immigrants

May 16, 2025

House Republicans are weighing a Medicaid cut that would penalize New York for providing coverage to 25,000 undocumented seniors with state funds only

Medicaid funding threatened in NY by GOP plan to penalize states offering coverage to immigrants

May 16, 2025

House Republicans are weighing a Medicaid cut that would penalize New York for providing coverage to 25,000 undocumented seniors with state funds only

Covington & Burling Discusses Three Political Law Landmines for Hedge Funds, Private Equity Funds, and Investment Firms

May 16, 2025

Last year, an asset manager with offices in New York, Texas, and Vermont was publicly censured by the Securities and Exchange Commission and ordered to pay a substantial fine. Its offense? The asset manager hired an individual who had previously …

How Republicans let Trump hijack the Constitution

May 16, 2025

Republicans in Congress have been making behind-the-scenes efforts to pass major domestic legislation via the federal budget process. They include potential cuts to Medicaid and extending the 2017 Trump tax cuts.

More problems for immigrants in the U.S.: bill would punish states that provide health coverage to undocumented immigrants

May 16, 2025

The case of Colorado has attracted special attention, since the state has pioneering programs that guarantee access to health care for all its inhabitants, regardless of their immigration status. Bill seeks to modify Medicaid rules in the U.S.. According to Republican sponsors, the intent is to prioritize U.S. citizens and protect the sustainability of the…

4 at Berks call center indicted in nationwide health insurance fraud scheme

May 16, 2025

Corporate defendants Bene Market LLC and Seguro Medico LLC— doing business as Quick Health, Q Health, Benefits Now, Express Benefits and YourBenefits4U— operated a boiler room call center in Spring Township that peddled discount health and dental plans to consumers through a series of false, misleading and deceptive sales practices, David Metcalf, U.S….

Medicaid cuts would penalize NY for covering undocumented seniors with state funds

May 16, 2025

House Republicans are weighing a Medicaid cut that would penalize New York for providing coverage to 25,000 undocumented seniors with state funds only

Medicaid cuts would penalize NY for covering undocumented seniors with state funds

May 16, 2025

House Republicans are weighing a Medicaid cut that would penalize New York for providing coverage to 25,000 undocumented seniors with state funds only

Stay Updated with Forex Factory.com News: Your Guide to the Latest Market Trends

May 16, 2025

If you’re into forex trading, staying updated with the latest news is vital. That’s where Forex Factory.com news comes in. It’s a handy tool for traders looking to get real-time updates on market trends and economic events. This guide will walk you through how to use Forex Factory.com news effectively to enhance your trading experience…

Nashville-area real estate outlook 2025: Down payments, interest rates and cash offers

May 16, 2025

Here's what it takes to afford a home in Nashville in 2025 — as tariff-related economic uncertainty and high interest rates persist.

CANADA LIFE ASSURANCE Co Grows Position in NVIDIA Co. (NASDAQ:NVDA)

May 16, 2025

CANADA LIFE ASSURANCE Co increased its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,648,521 shares of the computer hardware maker’s stock after acquiring an additional 462,234 shares during the quarter. NVIDIA…

Generation Capital Management LLC Buys New Shares in NVIDIA Co. (NASDAQ:NVDA)

May 16, 2025

Generation Capital Management LLC bought a new position in NVIDIA Co. (NASDAQ:NVDA – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 22,480 shares of the computer hardware maker’s stock, valued at approximately $3,019,000. NVIDIA accounts for 2.6%…

Capital International Ltd. CA Increases Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

May 16, 2025

Capital International Ltd. CA increased its holdings in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 8.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 677,048 shares of the computer hardware maker’s stock after purchasing an additional 54,634…

GOP Medicaid cuts would hit poor women hardest

May 16, 2025

Congressional Republicans are poised to make massive spending cuts to the Medicaid program that provides health insurance to millions of Americans — in part by enacting federal work requirements that they claim won’t affect the most vulnerable recipients. But data analysis shows that poor middle-aged and older women would be among the most impacted.

Security Agency Sues Insurance Brokers Over Negligent Procurement Exposing Them to Financial Risk

May 16, 2025

KATES Detective & Security Services Agency and Special Events Services, Inc. has filed a lawsuit against several insurance brokers, alleging negligent procurement of insurance policies that left them exposed to significant financial risk. The complaint was lodged on April 30, 2025, in the Circuit Court of Cook County, Illinois, by KATES Detective & Security Services…

D.C. may have avoided deepest cut to Medicaid

May 16, 2025

After a lobbying and a public pressure campaign, the District may have dodged the deepest cut to Medicaid contemplated by House Republicans, but city officials say they are still bracing for changes to the public insurance program. Members of the House Energy and Commerce Committee on Wednesday advanced legislation that includes work requirements and…

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